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Property profile & analytics
OFF-MARKET
Land

406 Kern County Farmland- Rnch Bakersfield, CA 93308

156.96 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 156.96-acre ranch presents a compelling investment opportunity in Bakersfield, California's desirable Wasco farming area. Currently unplanted, this property boasts significant potential for diverse agricultural uses. The land is zoned A and offers access to a reliable water supply, including non-contract water from Semi-tropic WSD and a well, ensuring consistent irrigation. The soil is highly productive, suitable for a wide range of permanent crops, making it an ideal choice for established farmers or those seeking to enter the agricultural market. The property's location within Kern County, zip code 93308, provides convenient access to transportation and essential services. Furthermore, the property offers potential tax benefits, adding to its overall financial attractiveness. With a price of $1,883,520, or $12,000 per acre, this represents a strong value proposition in a sought-after agricultural region. This is a rare opportunity to acquire a substantial parcel of fertile land with established water rights, ready for development and cultivation. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 156.96 ac (6,837,178 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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